cheap
Pronunciation: /tʃiːp/
adjective

Phrases
-
cheap and cheerful
- British simple and inexpensive.
-
cheap and nasty
- British of low cost and bad quality: the materials can seem a bit cheap and nasty
-
cheap at the price (or humorous at half the price)
- British well worth having, regardless of the cost: as an investment for the future, the books are cheap at the price
-
on the cheap
- informal at low cost: proper care cannot be provided on the cheap

Origin:
late 15th century: from an obsolete phrase good cheap 'a good bargain', from Old English cēap 'bargaining, trade', based on Latin caupo 'small trader, innkeeper'